Miscellaneous edible preparations in   South Korea

Overview In December 2024 South Korea's Miscellaneous edible preparations exports accounted up to $157M and imports accounted up to $220M, resulting in a negative trade balance of $62.2M. Between December 2023 and December 2024 the exports of South Korea's   Miscellaneous edible preparations have increased by $14.6M (10.2%) from $143M to $157M, while imports decreased by $-11.7M (-5.05%) from $231M to $220M.

Destinations In December 2024, Miscellaneous edible preparations were exported mostly to China ($31.4M), United States ($21.7M), Vietnam ($13.9M), Japan ($13.6M), and Indonesia ($8.82M), and were imported mostly from United States ($83.9M), China ($26.3M), Germany ($15.2M), Japan ($10.7M), and New Zealand ($10.2M).

Growth In December 2024, the increase in Miscellaneous edible preparations's year-by-year exports was explained primarily by an increase in exports to China ($4.59M or 22.9%), United States ($3.66M or 25.3%), and Russia ($3.37M or 34.9%). In December 2024, the decrease in Miscellaneous edible preparations's year-by-year imports was explained primarily by a decrease in imports from United States ($-28.8M or -24.1%), New Zealand ($-4.31M or -34.3%), and Denmark ($-2.01M or -42.4%).